NOT LISTED FOR SALE

Estimated Value: $16,955 - $99,000

0.33 Acre
$159,058 Price per Acre
14,375 Sq Ft Lot

Last Sold January 22, 2024

Last sale price $19,500

Est. 169% increase in value since last sale

Current estimated payment $332/month

161 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Level Lot

About This Lot

As of January 2024

Welcome to 27328 Nassau Drive, located in the desirable Tropical Gulf Acres in Punta Gorda, Florida. This double building lot offers a fantastic opportunity to build your dream home or investment property. One of the standout features is that this property is not located in a zone requiring flood insurance, providing peace of mind and potential cost savings.

A major advantage of this property is the absence of a Homeowners Association (HOA) and deed restrictions. You'll have the freedom to customize your property without the limitations often imposed by such associations or restrictions.

Local zoning regulations allow for the construction of a generous 1,400 square foot detached garage or man-cave, providing ample space for storage or a workshop to suit your needs and hobbies.

Another appealing aspect of this property is the absence of scrub jays, as confirmed by Charlotte County. This ensures a smooth building process without any environmental restrictions related to these protected birds.

The location of this property is highly convenient, being close to Tamiami and I-75, making it easy to access nearby amenities and attractions. Punta Gorda is renowned for its historic part, offering a unique charm, and boasts a variety of shopping and restaurant options right on Peace River, providing a delightful waterfront experience.

Tropical Gulf Acres is a thriving area with new construction projects emerging, making it an exciting opportunity to become a part of this growing community. For those interested in custom-built homes, information about local builders is available to assist you in creating the home of your dreams.

Moreover, this property presents a promising investment opportunity, suitable for self-directed IRAs, 401Ks, and other investment portfolios.

Don't miss out on the chance to make 27328 Nassau Drive your new home or investment venture. Embrace the Florida lifestyle and take advantage of the numerous possibilities this property has to offer.

Last Agent to Sell the Property

Heidi Schrock

RE/MAX PALM REALTY Brokerage Phone: 941-743-5525 License #3241148 Listed on: 07/27/2023

RE/MAX PALM REALTY

Last Buyer's Agent

Alex Girich

REAL BROKER, LLC License #3467874

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $468

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 120x120
  • Dirt Road
  • South Facing Home
  • Level Lot
  • Wooded Lot
  • 2 Lots in the community
  • Property is zoned RSF3.5

Schools

  • Sallie Jones Elementary School
  • Punta Gorda Middle School
  • Charlotte High School

Utilities

  • Well Required
  • Septic Needed
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Punta Gorda Community
  • Trop G A Subdivision

Listing and Financial Details

  • Legal Lot and Block 27-28 / 249
  • Assessor Parcel Number 422310252021

Property Details

Property Type

Land

Est. Annual Taxes

$468

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.33
  • Lot Size Sq Ft: 14399
  • Number Of Lots: 2
  • Directions to Property: Head towards Tamiami Trail (US-41) and Interstate 75 (I-75). Take the exit for Punta Gorda/Charlotte Harbor (Exit 161) from I-75. Merge onto Jones Loop Road (CR-768) heading west. Continue on Jones Loop Road for approximately 3.5 miles. Turn right onto N. Cleveland Drive. Drive for about 1.3 miles and then turn left onto Nassau Drive. Continue on Nassau Drive, and after a short distance, you will reach 27328 Nassau Drive on your left.
  • Status: Sold
  • Co List Office Mls Id: MFR274500346
  • Co List Office Phone: 941-743-5525
  • Ownership: Fee Simple
  • Escrow City: Port Charlotte
  • Escrow Postal Code: 33948
  • Escrow State: FL
  • Escrow Street Name: Tamiami Trail, Suite 304-5
  • Escrow Street Number: 1777
  • List Office Head Office Key Nume: 1045793
  • RATIO Current Price By Calculate: 1.35
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Attribution Contact: 941-743-5525
  • Tax Year: 2021
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 27328

Exterior Features

  • Direction Faces: South
  • Waterfront: No
  • Road Surface Type: Dirt, Gravel
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Price Per Acre: 59091

Utilities

  • Utilities: BB/HS Internet Capable, Cable Available, Electricity Available, Phone Available
  • Sewer: Septic Needed
  • Water Source: Well Required

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Sallie Jones Elementary
  • High School: Charlotte High
  • Middle Or Junior School: Punta Gorda Middle

Lot Info

  • Zoning: RSF3.5
  • Parcel Number: 422310252021
  • Additional Parcels: No
  • Current Use: Unimproved
  • Lot Features: Buildable, Level, Wooded
  • Lot Dimensions: 120x120
  • Flood Zone Code: D
  • Lot Size Square Meters: 1338
  • Current Adjacent Use: Vacant

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 467.96
  • Tax Block: 249
  • Tax Lot: 27-28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Jan 22, 2024
Sold by
Powell John Edwin
Bought by
Pegg Jeremy and Hiatt Jacquelynn
Seller's Agent
Heidi Schrock
RE/MAX PALM REALTY
Buyer's Agent
Alex Girich
REAL BROKER, LLC
List Price
$24,900
Sold Price
$19,500
Premium/Discount to List
-$5,400
-21.69%
Views
38
Current Estimated Value
$52,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,989
Avg. Annual Appreciation
77.25%

Purchase Details

Listed on
Sep 1, 2022
Closed on
Mar 15, 2023
Sold by
Equity Trust Co
Bought by
Powell John Edwin
Seller's Agent
Jay Nadelson
EXIT KING REALTY
Buyer's Agent
Darlene Armstrong
RE/MAX PALM REALTY
List Price
$19,900
Sold Price
$17,000
Premium/Discount to List
-$2,900
-14.57%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.30%

Purchase Details

Closed on
Apr 5, 2022
Sold by
Charlotte County
Bought by
Equity Trust Company Custodian Fbo Acct Jay N

Purchase Details

Closed on
May 12, 2010
Sold by
First National Bank Of Pennsylvania
Bought by
Tarpon Iv Llc

Purchase Details

Closed on
Oct 21, 2005
Sold by
Hall Sanford
Bought by
Florida Home Builders

Purchase Details

Closed on
Oct 13, 2005
Sold by
Gettings G Lawrence and Colburn Francis A
Bought by
Hall Stanford
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pegg Jeremy $19,500 Mmc Law & Title
Powell John Edwin $17,000 Hometown Title & Closing Servi
Equity Trust Company Custodian Fbo Acct Jay N $11,000 Hernandez Ivette
Equity Trust $11,000 None Listed On Document
Tarpon Iv Llc $3,278 None Available
Florida Home Builders $60,000 Executive Title Ins Svcs Inc
Hall Stanford -- Executive Title Ins Svcs Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/22/2024 01/22/24 Sold $19,500 -2.5% --
01/05/2024 01/05/24 Pending -- -- --
09/26/2023 09/26/23 Price Changed $20,000 -16.3% --
09/05/2023 09/05/23 Price Changed $23,900 -4.0% --
07/27/2023 07/27/23 For Sale $24,900 +46.5% --
03/15/2023 03/15/23 Sold $17,000 -5.0% -- View Prior Sale
03/02/2023 03/02/23 Pending -- -- --
02/28/2023 02/28/23 Price Changed $17,900 -10.1% --
09/01/2022 09/01/22 For Sale $19,900 -- --
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $681 $18,700 $18,700 --
2023 $681 $17,000 $17,000 $0
2022 $531 $14,450 $14,450 $0
2021 $468 $5,100 $5,100 $0
2020 $441 $4,420 $4,420 $0
2019 $436 $4,420 $4,420 $0
2018 $427 $4,420 $4,420 $0
2017 $423 $4,420 $4,420 $0
2016 $419 $4,420 $0 $0
2015 $417 $4,187 $0 $0
2014 $396 $3,806 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7478567

Stellar MLS

APN: 422310252021